U.S. Soybeans Nearing Completion: Planting at 97%, Emergence Strong

Soyabean

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U.S. soybean planting progressed by 4 percentage points over the past week, reaching 97% completion as of Sunday, which is 2 points ahead of the average. The crop emergence rate increased by 8 points from the previous week, reaching 90%, which is 3 points ahead of the average. Additionally, 8% of the nationwide soybean crop is now blooming, matching last year's rate and 2 points ahead of the average.USDA has projected US 2024-25 soybean production at 121.10 MMT.